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Search Results 0 to 10 of about 11 (some duplicates have been removed)
Dec 28, 2012 7:00am EST
speaker john boehner oldered republicans back to the capitol for a rare sunday night session. republicans expect to vote then on whatever fiscal cliff bill the senate passes. all this one day before the deadline and the warnings of a recession that have rattled wall street and consumer confidence. >> they know it will have an anything ticket impact on the economy and they know it will have a negative impact on their families and they expect us to be here and work and we're not. >> deadlines are approaching. 2 million americans who have been out of work for more than 6 months will start losing their unemployment benefits tomorrow and the nation runs out of borrowing authority to finance or $16 trillion debt on monday. they can use extraordinary measures until they go into default. extraordinary. that might be a word that apply to then tire situation. >> major garrett, thank you very much. >>> republican bob corker of tennessee has offered proposaled to break this. senator, good morning to you. >> good morning, jeff. good to be with you. >> are we going over the fiscal cliff? >> it dmends o
Dec 29, 2012 8:00am EST
able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 hours, and so i'm hopeful and optimistic. >> the president said the american public is getting frustrated and losing patience with these last-minute negotiations. he says the least congress can do is protect most american tax pairs from rising tax rates due to take effect in the next couple of days. the least, it appears, rebecca, appears to be the most they can do. >> thank you. we'll check back later in the program. for more on how we got into this situation and what happens if nothing happens. michael santoly, it's great to have both of you with us. where does this stand right now? >> right now they're negotiating and things are being worked out behind closed doors by the top leaders in the house and senate and the white house, but particularly on t
Dec 31, 2012 7:00am PST
income over $250,000 a year. republicans have come way down from speaker boehner's insistence that that limit be set at a million dollars. and so if there's a deal today, and that's a big "if," you can expect it would be set around $400,000, $500,000, $600,000 a sopyea cerr, staino certainly 90%, 95% of americans would be keeping their tax cut. one of the biggest sticking points for the republicans right now appears that this deal doesn't include significant spending cuts. in fact, it contains a lot of new spending and so that is one major issue that's going to have to be to birone ired oonedut. out. and if they don't get an agreement today by the deadline, the big question, norah, is do the two sides continue to work together, go over the cliff, but continue talks and perhaps come to an agreement sometime in the next few days, or do democrats give up on those talks, introduce their own bill here in the senate, and hope that it passes? we'll wait and see. see. >> nancy cordes, thanks, nancy. >>> there are new health issues this morning for secretary of state hillary clinton.ew health sh
Dec 28, 2012 7:00am PST
leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff, talks continue between senior white house and congressional staff, but that's been true throughout this entire saga. with the deadline looming there were dire predictions. >> come the first of this year americans will have less income than they have today. >> reporter: and recriminations. >> now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement. but we had no takers. >> reporter: the senat
Jan 3, 2013 7:00am PST
house john boehner says he'll schedule a vote on aid for victims of superstorm sandy. >> 66 days and counting. shame on you, shame on congress. >>> on wall street the first trading day of the year saw the dow's biggest gain in more than a year up more than 300 points. >>> starbucks will sell reusable cups for $1. >> touchdown! and the louisville cardinals with the biggest win in school history. >> you were friends with o.j. simpson, did you know that he was -- >> here we go with o.j. simpson. i -- >> what? hello? >> and all that matters. >> one of the top linebackers in nfl history, ray lewis told his team he's retiring after these playoffs. >> i make this last run with my team, i give them everything i got. >> on "cbs this morning." >>> breaking news kim kardashian is pregnant. >> kanye, they're going to have a baby. >> having a baby. >> i just hope the media couldn't make a big deal out of this. i hope it doesn't get blown out of proportion. captioning funded by cbs >>> welcome to "cbs this morning." i'm norah o donl with'donnell with anthony mason. two days after the approval of g
Jan 2, 2013 7:00am PST
vice president, joe biden, as well as leader harry reid speaker boehner, nancy pelosi and mitch mcconnell. >> reporter: but many house republicans were angry that this deal worked out by the white house and the senate did not include serious spending cuts. >> i'm unwilling to gag down a deal, a bill they've sent over here that's unacceptable. >> reporter: in the end they did not have the votes to change it and everyone acknowledged that this deal sets the stage for a big showdown over spending with a vote to raise the debt ceiling coming sometime in the next two months. >> the problem is we set up three more fiscal cliffs. >> reporter: one thing this bill doesn't address is the sequester, those across-the-board indiscriminate spending cuts to both defense and non-defense agencies. the bill just pushes off those cuts for two months so you're going to see congress and the white house fighting right away about how to replace the sequester with more sensible cuts once and for all. >> nancy cordes thanks nancy. >>> shortly after the house vote president obama got on a plane to resume
Dec 31, 2012 7:00am EST
president was trying to work out with speaker boehner. republicans seem to have accepted that they're running out of time on that front. democrats have appeared to have accepted that they're going to become a big bargaining chip in the next fight coming up which is over the debt ceiling coming up in january and february. >> nancy cordes, thank you. more than $100 billion of cuts would also kick in. they're getting ready for those across the board-cuts. major, what exactly is the white house doing to prepare? >> reporter: good morning, norah and anthony. today the administration is in the final statements of preparing layoff notices it will deliver later today and out this week to a wide array of government agencies, this to comply with across the board spending cuts. now agency will decide which employees to lay off and when. another thing the administration is doing is to send out notices to can sell or delay government contracts. they're in negotiations themselves. they appear to be stalled but it's kind of a team effort here at the white house. the president is negotiating
Jan 3, 2013 7:00am EST
record 123 female senators. >>> the white house has a plan. >>> speak over the house john boehner says he'll schedule a vote tomorrow on aid for victims of superstorm sandy. >> 66 days and counting. shame on you. shame on congress. >>> the dow saw the biggest point gain in a year, up 300 points. >>> starbucks will be reselling reusele plastic cups for a dollar. customers get a 10-cent discount every time they bring it back. >>> touchdown. and the louisville cardinals with the biggest win in school history. >> you were friends with o.j. simpson. did you know he was going to be reliable? hello? >>> and all that matters. >> ray lewis told his team he's retiring after these playoffs. >> i'll make this last run with my team and i'll give it everything i've gone. >>> breaking news. kim kardashian is pregnant. >> kanye announcing they're pregnant. >> they're having a baby. >> i just hope the media doesn't make a big deal out of it. i hope it doesn't get blown way out of proportion. >>> welcome to "cbs this morning." i'm norah o'donnell with anthony mason. charlie and gayle are off. just two d
Dec 26, 2012 7:00am PST
boehner was unable to get enough support from respects to pass his plan and help said it was up to the white house and the senate to avert the cliff. so now harry reid is believed to be crafting a plan of his own. it's expected to extend bush-era tax cuts. it would also include short-term spending cuts instead of the massive cuts that would occur if there is no deal. it would also patch up the alternative minimum tax that will hit even more middle class families and schedule a drop off for doctors. >> if republicans do give in and support the deal being put together by harry reid that deal is expected to be far less favorable than the potential deal they had been working on with president obama. >> republican strategist, frank luntz has been talking with voters, what is the chance you see this becomes the new compromise? >> i'm not sure if hooert side is watching very closely. we did a survey and we got two interesting questions. one that's very tough on republicans. we asked the american people who is the gop fighting for and representing, the number one answer, the rich the numbe
Search Results 0 to 10 of about 11 (some duplicates have been removed)